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Dr Agarwal'S Eye Hospital (BOM:526783) Interest Expense : ₹-72 Mil (TTM As of Mar. 2024)


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What is Dr Agarwal'S Eye Hospital Interest Expense?

Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Dr Agarwal'S Eye Hospital's interest expense for the three months ended in Mar. 2024 was ₹ -20 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was ₹-72 Mil.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Dr Agarwal'S Eye Hospital's Operating Income for the three months ended in Mar. 2024 was ₹ 188 Mil. Dr Agarwal'S Eye Hospital's Interest Expense for the three months ended in Mar. 2024 was ₹ -20 Mil. Dr Agarwal'S Eye Hospital's Interest Coverage for the quarter that ended in Mar. 2024 was 9.24. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Dr Agarwal'S Eye Hospital Interest Expense Historical Data

The historical data trend for Dr Agarwal'S Eye Hospital's Interest Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Dr Agarwal'S Eye Hospital Interest Expense Chart

Dr Agarwal'S Eye Hospital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Interest Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only -73.90 -61.31 -61.20 -68.70 -71.70

Dr Agarwal'S Eye Hospital Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Interest Expense Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -18.10 -16.20 -16.90 -18.30 -20.30

Dr Agarwal'S Eye Hospital Interest Expense Calculation

Interest Expense is the amount reported by a company or individual as an expense for borrowed money.

Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹-72 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Dr Agarwal'S Eye Hospital  (BOM:526783) Interest Expense Explanation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Dr Agarwal'S Eye Hospital's Interest Expense for the three months ended in Mar. 2024 was ₹-20 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₹188 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was ₹2,481 Mil.

Dr Agarwal'S Eye Hospital's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as

Interest Coverage=-1* Operating Income (Q: Mar. 2024 )/Interest Expense (Q: Mar. 2024 )
=-1*187.5/-20.3
=9.24

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's financial strength is.


Dr Agarwal'S Eye Hospital (BOM:526783) Business Description

Traded in Other Exchanges
N/A
Address
No. 4, Moores Road, Off Greams Road, 3rd Floor, Buhari Towers, Near Asan Memorial School, Chennai, TN, IND, 600 006
Dr Agarwal'S Eye Hospital Ltd is a provider of eye care and related services. The company's specialty services include Cataract, Glaucoma, Laser Correction, Cornea and Refractive, Retina, Squint, Paediatric Ophthalmology, Neuro-Ophthalmology, Uvea, and Orbit and Oculoplasty. The firm generates its revenue from the sale of Opticals, Pharmaceutical Products, Contact Lens and Accessories, and others.

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